DLF to Launch Rs.58,000 Crore Projects in Delhi-NCR, Mumbai
India's largest real estate company DLF Ltd plans to introduce housing projects valued at Rs.58,000 crore in the next 2-3 years to capitalize on strong demand for its premium residences from buyers and investors.
At the beginning of the 2024-25 fiscal year, DLF announced plans to introduce 37 million sq ft of area over the upcoming years, projecting a revenue potential of Rs.1,14,500 crore.
In its most recent investor presentation, DLF Ltd announced the launch of 14 million sq ft of area over the past two and a half years, with a revenue potential exceeding Rs.56,000 crore.
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“50 percent introduced in the initial 2.5 years…strong pipeline for the medium term (Rs.58,000+ crore),” stated DLF.
The firm plans to introduce approximately 24 million sq ft space in the medium term, projecting a sales value exceeding Rs.58,000 crore.
During a conference call with analysts, Aakash Ohri, Managing Director and Chief Business Officer of DLF Home Developers Ltd, mentioned that the company is preparing to launch luxury projects in Mumbai and Gurugram in the latter half of the ongoing fiscal year.
In the second quarter of this fiscal year, the company initiated a 4.17-acre senior living development in Gurugram featuring 172 luxury residences. Every unit in this project called ‘The Aureva’ was sold for Rs.1,985 crore. Ohri emphasized that the firm's ultra-luxury initiative ‘The Dahlias’ is performing strongly and has experienced significant price increases over the past two years. In October 2024, DLF unveiled its 17-acre residential project ‘The Dahlias’ at DLF Phase 5 in Gurugram, featuring 420 apartments and penthouses.
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Ohri stated that approximately 275 units have been sold by September. In August, a penthouse with a 17,200 sq ft super area and 10,500 sq ft carpet area was sold in this development for Rs.271 crore.
DLF, India's leading real estate company by market value, has transacted properties totaling Rs.4,457 crore in the initial six months of this financial year. It aims to reach sales bookings of approximately Rs.20,000 crore in the 2026-27 fiscal year. On Friday, DLF announced a 10 percent increase in its consolidated net profit to Rs.1,301.35 crore for the second quarter of this financial year due to reduced expenses. Its net profit was ₹1,180.09 crore in the corresponding period last year.
Total revenue increased to Rs.2,297.30 crore in the second quarter of this fiscal year from Rs.2,261.80 crore in the same period of the previous year, primarily due to other income. In the initial half of the ongoing fiscal year, DLF’s net profit increased to Rs.2,095.25 crore, up from Rs.1,942.76 crore in the same period last year.
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Its overall revenue, however, decreased to Rs.3,902.86 crore in the initial half of 2026-27 from Rs.5,242.68 crore during the same timeframe of the previous year. DLF has completed over 185 real estate developments to date, encompassing more than 352 million square feet of space. It possesses a commercial real estate rental portfolio (offices and shopping centers) of approximately 50 million sq ft. The group possesses 275 million sq ft of development capacity in both residential and commercial areas, encompassing projects currently in progress.